{"id":14952,"date":"2023-07-24T09:19:39","date_gmt":"2023-07-24T09:19:39","guid":{"rendered":"https:\/\/www.theukrules.co.uk\/?page_id=14952"},"modified":"2023-10-06T10:06:14","modified_gmt":"2023-10-06T10:06:14","slug":"registration","status":"publish","type":"page","link":"https:\/\/www.theukrules.co.uk\/rules\/employment\/taxation\/vat\/registration\/","title":{"rendered":"VAT Registration | How and When to Register for VAT"},"content":{"rendered":"
VAT REGISTRATION<\/strong>: Find out how to register for Value Added Tax in UK.<\/p>\n You need to register with HMRC if your company generates more than \u00a385,000 of VAT taxable turnover<\/strong>.<\/p>\n VAT Registration is necessary for you to pay business sales tax. HMRC will issue your business with a value-added tax registration certificate.<\/p>\n Note<\/strong>: These VAT registration guidelines ‘Cofrestru ar gyfer TAW<\/a>‘ are also available in Welsh language.<\/p>\n The certificate states three important pieces of information such as:<\/p>\n Note<\/strong>: You can choose to register for value-added tax status<\/strong> even if your company turnover is below the threshold. But you cannot register voluntarily if you only sell exempt items (e.g. educational materials). You will have some regulatory responsibilities after registering for VAT in the UK.<\/p>\n <\/p>\n <\/p>\n Starting from the effective date of registration, your requirements include:<\/p>\n Note<\/strong>: You can reclaim value-added tax<\/a> paid on some items that you purchased before your registration date.<\/p>\n <\/p>\n <\/p>\n Before your VAT Registration comes through you cannot show Value Added Tax<\/a> on your invoices. But you can increase the invoice amount to take account of the extra sales tax.<\/p>\n You should explain the reason for the increase to your clients. You can then issue a new invoice showing the unique number once you have your VAT Registration.<\/p>\n You will have to pay VAT to HMRC on invoices during this period, even if you did not increase the price.<\/p>\n <\/p>\n <\/p>\n As a rule, most companies use online registration<\/a>. This applies for a partnership or a group of businesses using a single registration number.<\/p>\n Your Government Gateway account is your online account and registers your number. You use this account for your VAT Returns to HMRC<\/a>.<\/p>\n Using an Authorised Agent<\/strong><\/p>\n You can appoint an authorised agent<\/a> to handle your sales tax returns and deal with the HMRC. The agent can be your accountant, a family member or a friend. If you do not have a Government Gateway account you can apply for an online account. Select the ‘VAT submit returns<\/strong>‘ option if you choose this method.<\/p>\n Note<\/strong>: You can register you own VAT account<\/strong>. You do not need an authorised agent.<\/p>\n <\/p>\n <\/p>\n You are not eligible to apply online and must apply by post using form VAT1<\/a> if you:<\/p>\n <\/p>\n <\/p>\n As a rule, your VAT Registration Certification gets issued within 14 working days. You will receive the certificate either by your Government Gateway<\/a> account (online account) or by post.<\/p>\n <\/p>\n <\/p>\n The current VAT threshold is \u00a385,000. You need to register if you exceed this, or expect to. Subtract exempt items from everything else you have sold to calculate VAT taxable turnover<\/a>.<\/p>\n <\/p>\n <\/p>\n VAT Registration is compulsory when:<\/p>\n\n
\nVAT Payment Responsibility<\/h2>\n
\n
\nWaiting for a VAT Number<\/h3>\n
\nHow to Register for VAT<\/h2>\n
\nReasons Why You Cannot Register Online for VAT<\/h3>\n
\n
\nVAT Registration Certificate<\/h3>\n
\nWhen to Register for VAT<\/h2>\n
\nCompulsory VAT Registration<\/h3>\n